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HEC announces fully-funded international scholarship

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The Higher Education Commission (HEC) has said that the Kingdom of Saudi Arabia has announced fully-funded scholarships for Pakistani students.

The scholarship will be for students seeking to continue their studies at the diploma, bachelor’s, master’s, and PhD levels in the Kingdom, the commission said.

“Students residing in Pakistan and legal residents of the Kingdom both can apply for these scholarships,” the education body said.

Eligibility criteria

  • The applicant must be a Pakistani or AJK national.
  • 75% of students will be awarded scholarships from Pakistan. Whereas 25% scholarships will be given to Pakistani students residing in the Kingdom.
  • Males and females can apply for these scholarships.
  • The applicant should be between 17 to 25 years for the bachelor’s programme, must be below 30 years for the master’s programme and less than 35 for the PhD programme on the closing date of the application portal of the respective university.
  • The selected applicants will join the respective programme in September/October each year in Saudi Arabia.
  • The applicant must not be holding any other scholarship at the time of availing Saudi scholarship.
  • The applicant must not have any criminal record.
  • The applicant must not have been suspended from any educational institution on disciplinary or any other valid grounds.
  • Any other requirement set by the respective Saudi University or Saudi Government.

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Pakistan’s gold prices continue to decline.

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The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

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Price of LPG “slashed” by Rs. 20 per kilogram

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Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

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ADB delegation stops by FBR headquarters

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Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

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